Question

You work at a bank and are asked to recommend the amount of cash to put in an ATM each day. You don't want to put in too much (security) or too ittle (customer irritation). Complete parts (a) through (c) below. EB Click the icon to view the the daily withdrawals (in 100s of dolars) for a period of 30 days. O A. 0.4 0.3 0.2- 0.1 O B. 0.4 0.2 0.1 58 63 68 73 78 83 88 93 60 65 70 75 80 85 90 95 C. 0.4 0.3 0.2 0.1 0.4 0.2 0.1 60 65 70 75 80 85 90 95 63 68 73 78 83 88 93 95 (b) If you put $8250 in the ATM each day, what percent of the days in a month should you expect to run out of cash? [1%(Round to the nearest tenth as needed ) Enter your answer in the answer box and then click Check Answer. Clear All Check Answer remaining

Answer 1

her total number of values which are more than 8250 in the given data set =7 (93,85,95,88,85,85,83)

therefore % of days in a month one expect to run out of cash =(7/30)*100=23.3 %